IMI Regulatory News (IMI)

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Roy Twite

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IMI plc

b)

LEI

2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary share GB00BGLP8L22

b)

Nature of the transaction

i) Exercise of Deferred Bonus Shares award in respect of 21,386 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 10,073 shares to cover tax and dealing costs and 11,313 shares retained.

ii) Exercise of award in respect of 158,800 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 74,795 shares to cover tax and dealing costs and 84,005 shares retained.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

i)

nil

21,386 shares exercised

£14.925

10,073 shares sold

ii)

nil

158,800 shares exercised

£14.925

74,795 shares sold

d)

Aggregated information

· Aggregated volume exercised

· No of shares sold

· Price

180,186

84,868

£14.925

e)

Date of transaction

23 March 2023

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Shook

2.

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IMI plc

b)

LEI

2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary share GB00BGLP8L22

b)

Nature of the transaction

i) Exercise of Deferred Bonus Shares award in respect of 8,185 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 3,856 shares to cover tax and dealing costs and 4,329 shares retained.

ii) Exercise of award in respect of 60,560 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 28,530 shares to cover tax and dealing costs and 32,030 shares retained.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

i)

nil

8,185 shares exercised

£14.925

3,856 shares sold

ii)

nil

60,560 shares exercised

£14.925

28,530 shares sold

d)

Aggregated information

· Aggregated volume exercised

· No of shares sold

· Price

68,745

32,386

£14.925

e)

Date of transaction

23 March 2023

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Elizabeth Rose

2.

Reason for the notification

a)

Position/status

Group HR Director

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IMI plc

b)

LEI

2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary share GB00BGLP8L22

b)

Nature of the transaction

Exercise of award in respect of 7,651 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 3,609 shares to cover tax and dealing costs and 4,042 shares retained.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

7,651 shares exercised

£14.793

3,609 shares sold

d)

Aggregated information

· Aggregated volume

· Price

As above

e)

Date of transaction

24 March 2023

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

 Philip Clifton

2.

Reason for the notification

a)

Position/status

Divisional Managing Director

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 IMI plc

b)

LEI

 2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary share GB00BGLP8L22

b)

Nature of the transaction

i) Exercise of Deferred Bonus Shares award in respect of 13,338 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 6,273 shares to cover tax and dealing costs and 7,065 shares retained.

ii) Exercise and sale of award in respect of 52,264 shares vesting under the IMI plc Incentive Plan (nil cost option).

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

i)

nil

13,338 shares exercised

£14.793

6,273 shares sold

ii)

nil

52,264 shares exercised

£14.925

52,264 shares sold

d)

Aggregated information

· Aggregated volume

· Price

As above

e)

Date of transaction

i) 24 March 2023

ii) 23 March 2023

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jun Hu

2.

Reason for the notification

a)

Position/status

Divisional Managing Director

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IMI plc

b)

LEI

2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary share GB00BGLP8L22

b)

Nature of the transaction

iii) Exercise of Deferred Bonus Shares award in respect of 10,758 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 1,392 shares to cover tax and dealing costs and 9,366 shares retained.

iv) Exercise of award in respect of 55,578 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 7,193 shares to cover tax and dealing costs and 48,385 shares retained.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

i)

nil

10,758 shares exercised

£14.925

1,392 shares sold 

ii)

nil

55,578 shares exercised

£14.925

7,193 shares sold

d)

Aggregated information

· Aggregated volume exercised

· No of shares sold

· Price

66,336

8,585

£14.925

e)

Date of transaction

23 March 2023

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)